Root, Inc. (ROOT) CAO reports RSU tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Root, Inc. Chief Accounting Officer Ryan Forish reported a small, routine share disposition related to equity compensation. On the reported date, 294 shares of Class A Common Stock were withheld by the company to cover tax obligations from vesting restricted stock units, at a value of $51.07 per share. After this tax-withholding event, Forish directly owned 24,316 shares of Root common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Forish Ryan
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 294 | $51.07 | $15K |
Holdings After Transaction:
Class A Common Stock — 24,316 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 294 shares
Withholding share value: $51.07 per share
Shares owned after transaction: 24,316 shares
3 metrics
Shares withheld for taxes
294 shares
Tax withholding on RSU vesting
Withholding share value
$51.07 per share
Valuation of withheld Root Class A shares
Shares owned after transaction
24,316 shares
Direct holdings after tax-withholding disposition
Key Terms
restricted stock units, Class A Common Stock, tax withholding obligations
3 terms
restricted stock units financial
"tax withholding obligations associated with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"These shares of common stock were withheld by the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations associated"
FAQ
What insider transaction did Root (ROOT) report for Ryan Forish?
Root reported that Chief Accounting Officer Ryan Forish had 294 shares of Class A Common Stock withheld to cover tax obligations from vesting restricted stock units, at $51.07 per share, leaving him with 24,316 directly owned shares afterward.
Was the Root (ROOT) insider transaction an open-market sale?
No, the transaction was a tax-withholding event. Root withheld 294 shares of Class A Common Stock to satisfy tax obligations from restricted stock unit vesting, rather than Forish selling shares in the open market for investment or liquidity decisions.
What does a tax-withholding disposition mean for Root (ROOT) insiders?
A tax-withholding disposition means Root withholds some vested shares to pay required taxes on equity awards. For Ryan Forish, 294 shares were withheld on restricted stock unit vesting, a mechanical process rather than a discretionary buy or sell decision in the market.